FirmaIQ
Org.nr 991 418 210 2015 → 2016 Year-over-year analysis

ADVOKATFIRMAET ROANDER & CO AS: årsregnskap 2016 vs 2015

Shrank 34% on revenue, weaker earnings

approved 2017-04-04; registry 2017-06-22; journal 2017 509618

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for ADVOKATFIRMAET ROANDER & CO AS. Revenue 14.19m NOK → 9.32m NOK (-34.3%). Net result +5.08m NOK → +2.24m NOK. Equity 8.12m NOK → 6.36m NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
14.19m NOK 9.32m NOK
-34.3%
Operating result
+6.92m NOK +2.85m NOK
-58.9%
Net result
+5.08m NOK +2.24m NOK
-55.9%
Equity
8.12m NOK 6.36m NOK
-21.7%
Cash
10.12m NOK 6.02m NOK
-40.5%
Total assets
17.27m NOK 12.81m NOK
-25.8%

What improved

  • ↑

    Payroll decreased

    Salary cost 6.05m NOK → 5.14m NOK (43% → 55% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 14.19m NOK to 9.32m NOK (-34.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +6.92m NOK → +2.85m NOK (op. margin 48.8% → 30.5%). Calculated

  • ↓

    Net result weakened

    Net result +5.08m NOK → +2.24m NOK (net margin 35.8% → 24.0%). Calculated

  • ↓

    Equity eroded

    Book equity 8.12m NOK → 6.36m NOK (equity ratio 47.0% → 49.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 10.12m NOK → 6.02m NOK (-40.5% YoY). Calculated